Crude

Gujarat: Natural and Power resources

Gujarat: Natural and Power Resources         In the year 1999, the state of Gujarat established the Gujarat Urja Vikas Nigam Limited (GUVNL) under the Companies Act, 1956. The GUVNL was created by the Gujarat Electricity Board (GEB) as its wholly owned subsidiary towards restructuring of the power sector for better management.   … Read more

Inflation and oil prices

Inflation & Control Mechanism Inflation is a sustained increase in the general price level of goods and Services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services.It is the Percentage change in the value of the Wholesale Price Index (WPI) on a year-on … Read more